The Wall Street Journal is reporting that the biggest firms in Silicon Valley have invested $400 billion into artificial ...
Meta Platforms Inc. found record-shattering demand for its bond sale on Thursday even as its shares plunged, in a sign that ...
Three of the biggest US tech companies reported record profits and record infrastructure spending on Wednesday, fueling ...
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Investors are growing skeptical of colossal AI-spending plans by tech giants like Meta and Microsoft
Meta and Microsoft said they planned to spend even more on AI in 2026, and fears of a bubble keep mounting.
Meta's metaverse chief Vishal Shah has been yanked from virtual reality duty and thrust into the company's do-or-die AI ...
U.S. Federal Reserve Chairman Jerome Powell bifurcated the stock market yesterday when he delivered a 0.25% rate cut that the ...
The Facebook parent’s business model sparks more questions about the eventual payoff than rivals such as Google and Microsoft ...
(Reuters) -Wall Street's three major indexes lost ground on Thursday with the Nasdaq Composite and the S&P 500 leading losses ...
Meta is investing heavily in AI infrastructure, with massive data center builds and significant capital expenditure. While rivals tie spending to exis ...
Fears that artificial intelligence investments have been overhyped sent the tech-heavy Nasdaq down 1.2% by approximately 2:45 ...
The S&P 500 and Nasdaq dropped on Thursday, as Meta and Microsoft fell on worries over surging AI spending, rattling ...
The social-media company said it would “aggressively” raise spending to stay competitive in the artificial-intelligence arms ...
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